PETRONAS has reported the information cited in this Global Reporting Initiative (GRI) content index for the period covering the full calendar year from 1 January to 31 December 2023 with reference to the GRI Standards.


GRI 2: General Disclosures

2-1 Organisational details

About This Report, pages 6-7

PETRONAS An Overview, pages 8-19

2-2 Entities included in the organisation's sustainability reporting

About This Report, pages 6-7

2-3 Reporting period, frequency and contact point

About This Report, pages 6-7

2-4 Restatements of information

Sustainability Key Performance Data, pages 198-209

2-5 External assurance

About This Report, pages 6-7

2-6 Activities, value chain and other business relationships

PETRONAS An Overview, 8-19

2-7 Employees

Sustainability Key Performance Data, pages 206-208

2-8 Workers who are not employees

Sustainability Key Performance Data, page 167

2-9 Governance structure and composition

Board Composition, page 210

Corporate Governance at PETRONAS, pages 221-224

2-10 Nomination and selection of the highest governance body

Corporate Governance at PETRONAS, page 221

2-11 Chair of the highest governance body

Profile of Board of Directors, page 211

2-12 Role of the highest governance body in overseeing the management of impacts

Corporate Governance at PETRONAS, pages 221-224

2-13 Delegation of responsibility for managing impacts

Corporate Governance at PETRONAS, page 229

2-14 Role of the highest governance body in sustainability reporting

About This Report, pages 6-7

2-15 Conflicts of interest

Corporate Governance at PETRONAS, pages 226-227

2-16 Communication of critical concerns

Corporate Governance at PETRONAS, page 223

2-17 Collective knowledge of the highest governance body

Corporate Governance at PETRONAS, page 227

2-19 Remuneration policies

Corporate Governance at PETRONAS, page 227

2-20 Process to determine remuneration

Corporate Governance at PETRONAS, pages 221 and 227

2-22 Statement on sustainable development strategy

Letter from the Chairman and Letter from the President and Group Chief Executive Officer, pages 24-27

GRI 2: General Disclosures

2-23 Policy commitments

Positive Social Impact, pages 147-150

Corporate Governance at PETRONAS, page 241

2-24 Embedding policy commitments

Positive Social Impact, pages 147-150

2-25 Processes to remediate negative impacts

Positive Social Impact, pages 148-149

2-26 Mechanisms for seeking advice and raising concerns

Corporate Governance at PETRONAS, page 241

2-28 Membership associations

Engaging with Stakeholders, page 52

2-29 Approach to stakeholder engagement

Engaging with Stakeholders, pages 42-52

2-30 Collective bargaining agreements

Positive Social Impact, pages 147-150

GRI 3: Material Topics 2021

3-1 Process to determine material topics

Material Topics, page 53

3-2 List of material topics

Material Topics, page 53

3-3 Management of material topics

Material Topics, pages 53-58

GRI 201: Economic

Performance 2016

201-1 Direct economic value generated and distributed

Letter from the Executive Vice President and Group Chief Financial Officer, pages 28-31

Positive Social Impact, pages 182-197

Group Financial Results and Position, pages 242-255

Audited Financial Statements, pages 6-18

201-2 Financial implications and other risks and opportunities due to climate change

Safeguard the Environment, pages 111-114

201-3 Defined benefit plan obligations and other retirement plans

Audited Financial Report, page 124

201-4 Financial assistance received from government

Audited Financial Report, page 48

GRI 202: Market Presence 2016

202-1 Ratios of standard entry-level wage by gender compared to local minimum wage

Positive Social Impact, page 172

202-2 Proportion of senior management hired from the local community

Positive Social Impact, page 173

GRI 203: Indirect Economic Impacts 2016

203-1 Infrastructure investments and services supported

Positive Social Impact, pages 182-197

203-2 Significant indirect economic impacts

Engaging with Stakeholders, pages 42-52

Positive Social Impact, pages 182-197

GRI 205: Anti-corruption

2016

205-2 Communication and training about anti-corruption policies and procedures

Corporate Governance at PETRONAS, pages 236-241

205-3 Confirmed incidents of corruption and actions taken

Positive Social Impact, page 150

PETRONAS Commitment to Integrity, page 241

GRI 301: Materials 2016

301-1 Materials used by weight or volume

Safeguard the Environment, pages 122-124

Positive Social Impact, page 157

301-2 Recycled input materials used

Safeguard the Environment, pages 122-124

GRI 302: Energy 2016

302-1 Energy consumption within the organisation

Sustainability Performance Key Data, page 203

302-2 Energy consumption outside of the organisation

Sustainability Performance Key Data, page 203

GRI 303: Water and Effluents 2018

303-1 Interactions with water as a shared resource

Safeguard the Environment, page 125

Positive Social Impact, page 189

303-2 Management of water discharge-related impacts

Safeguard the Environment, page 125

303-3 Water withdrawal

Safeguard the Environment, page 125

Sustainability Performance Key Data, page 204

303-4 Water discharge

Safeguard the Environment, page 125

Sustainability Performance Key Data, page 204

303-5 Water consumption

Safeguard the Environment, page 125

Sustainability Performance Key Data, page 204

GRI 304: Biodiversity 2016

304-1 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas

Safeguard the Environment, page 128

304-2 Significant impacts of activities, products and services on biodiversity

Safeguard the Environment, page 129

GRI 305: Emissions 2016

305-1 Direct (Scope 1) GHG emissions

Sustainability Performance Key Data, page 199 and 202

305-2 Energy indirect (Scope 2) GHG emissions

Sustainability Performance Key Data, page 199 and 202

305-3 Other indirect (Scope 3) GHG emissions

Sustainability Performance Key Data, page 199 and 202-203

305-4 GHG emissions intensity

Sustainability Performance Key Data, page 200

305-5 Reduction of GHG emissions

Sustainability Performance Key Data, page 200

305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions

Safeguard the Environment, page 125

Sustainability Performance Key Data, page 204

GRI 306: Waste 2020

306-2 Management of significant waste-related impacts

Safeguard the Environment, page 124

306-3 Waste generated

Safeguard the Environment, page 124

Sustainability Performance Key Data, pages 204

306-4 Waste diverted from disposal

Sustainability Performance Key Data, page 204

306-5 Waste directed to disposal

Sustainability Performance Key Data, page 204

GRI 308: Supplier Environmental Assessment 2016

308-1 New suppliers that were screened using environmental criteria

Positive Social Impact, page 211

GRI 401: Employment 2016

401-1 New employee hires and employee turnover

Sustainability Performance Key Data, page 208

401-2 Benefits provided to full-time employees that are not provided to temporary or part- time employees

Sustainability Performance Key Data, page 207

401-3 Parental leave

Sustainability Performance Key Data, page 207

GRI 402: Labor/Management Relations 2016

402-1 Minimum notice periods regarding operational changes

Positive Social Impact, page 148

GRI 403: Occupational Health and Safety 2018

403-1 Occupational health and safety management system

Positive Social Impact, pages 131-141

403-2 Hazard identification, risk assessment, and incident investigation

Positive Social Impact, pages 155-157

403-3 Occupational health services

Positive Social Impact, pages 132-176

403-4 Worker participation, consultation, and communication on occupational health and safety

Positive Social Impact, pages 175-176

403-5 Worker training on occupational health and safety

Positive Social Impact, pages 137-141

403-6 Promotion of worker health

Positive Social Impact, pages 131 and 134

403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

Risks Linked to Creating Value, page 66

403-8 Workers covered by an occupational health and safety impacts directly linked by business relationships

Positive Social Impact, page 131

403-9 Work-related injuries

Performance by Capitals, page 41

Positive Social Impact, pages 131 and 137-138

Sustainability Performance Key Data, page 205

403-10 Work-related ill health

Performance by Capitals, page 41

Sustainability Performance Key Data, page 205

GRI 404: Training and Education 2016

404-1 Average hours of training per year per employee

Sustainability Performance Key Data, page 209

404-2 Programmes for upgrading employee skills and transition assistance programmes

Positive Social Impact, pages 159-171

404-3 Percentage of employees receiving regular performance and career development reviews

Positive Social Impact, page 178

GRI 405: Diversity and Equal Opportunity 2016

405-1 Diversity of governance bodies and employees

Sustainability Performance Key Data, pages 207 and 210

405-2 Ratio of basic salary and remuneration

Positive Social Impact, page 172

GRI 406: Non-discrimination

2016

406-1 Incidents of discrimination and corrective actions taken

Positive Social Impact, page 150

GRI 408: Child Labour 2016

408-1 Operations and suppliers at significant risk for incidents of child Labour

Positive Social Impact, pages 147-150

GRI 409: Forced or Compulsory Labour 2016

409-1 Operations and suppliers at significant risk for incidents of forced or compulsory Labour

Positive Social Impact, pages 147-150

GRI 410: Security Practices 2016

410-1 Security personnel trained in human rights policies or procedures

Positive Social Impact, page 149-150

Sustainability Performance Key Data, page 209

GRI 411: Rights of Indigenous Peoples 2016

411-1 Incidents of violations involving rights of indigenous peoples

Positive Social Impact, page 149

GRI 413: Local Communities 2016

413-1 Operations with local community engagement, impact assessments, and development programmes

Positive Social Impact, pages 149-150

GRI 414: Supplier Social Assessment 2016

414-1 New suppliers that were screened using social criteria

Positive Social Impact, page 154

414-2 Negative social impacts in the supply chain and actions taken

Positive Social Impact, page 154

GRI 416: Customer Health and Safety 2016

416-1 Assessment of the health and safety impacts of product and service categories

Positive Social Impact, pages 155-158

416-2 Incidents of non- compliance concerning the health and safety impacts of products and services

Positive Social Impact, pages 155-158

GRI 417: Marketing and Labeling 2016

417-1 Requirements for product and service information and labeling

Positive Social Impact, page 155